Pitcairn Co. Trims Stock Holdings in The Goldman Sachs Group, Inc. $GS

Pitcairn Co. decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 29.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,021 shares of the investment management company’s stock after selling 861 shares during the quarter. Pitcairn Co.’s holdings in The Goldman Sachs Group were worth $1,609,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of GS. Gilliland Jeter Wealth Management LLC grew its position in shares of The Goldman Sachs Group by 3.5% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock worth $309,000 after buying an additional 13 shares during the period. EWA LLC lifted its position in The Goldman Sachs Group by 2.2% during the 3rd quarter. EWA LLC now owns 612 shares of the investment management company’s stock valued at $488,000 after acquiring an additional 13 shares during the period. Carrera Capital Advisors boosted its stake in The Goldman Sachs Group by 3.5% during the third quarter. Carrera Capital Advisors now owns 385 shares of the investment management company’s stock worth $306,000 after acquiring an additional 13 shares in the last quarter. Centerpoint Advisors LLC grew its holdings in The Goldman Sachs Group by 1.5% in the third quarter. Centerpoint Advisors LLC now owns 863 shares of the investment management company’s stock worth $687,000 after purchasing an additional 13 shares during the period. Finally, Cassaday & Co Wealth Management LLC increased its stake in shares of The Goldman Sachs Group by 0.9% during the third quarter. Cassaday & Co Wealth Management LLC now owns 1,488 shares of the investment management company’s stock valued at $1,185,000 after purchasing an additional 13 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of GS opened at $820.95 on Friday. The company has a market cap of $243.62 billion, a price-to-earnings ratio of 16.01, a P/E/G ratio of 1.03 and a beta of 1.34. The business’s fifty day simple moving average is $918.59 and its two-hundred day simple moving average is $840.10. The Goldman Sachs Group, Inc. has a 12 month low of $439.38 and a 12 month high of $984.70. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 2.60.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.72% and a net margin of 13.73%.The firm had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. During the same quarter in the previous year, the business earned $11.95 earnings per share. The company’s revenue was down 3.0% on a year-over-year basis. Research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a dividend yield of 2.2%. The Goldman Sachs Group’s dividend payout ratio is presently 35.09%.

Insider Activity at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 4,863 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total value of $4,492,196.25. Following the sale, the chief accounting officer owned 10,301 shares in the company, valued at approximately $9,515,548.75. This trade represents a 32.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Kathryn H. Ruemmler sold 9,589 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $927.51, for a total transaction of $8,893,893.39. Following the completion of the sale, the insider directly owned 18,533 shares of the company’s stock, valued at approximately $17,189,542.83. This trade represents a 34.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,283 shares of company stock valued at $112,016,033 over the last quarter. 0.55% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. BMO Capital Markets boosted their price target on The Goldman Sachs Group from $980.00 to $985.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 20th. Jefferies Financial Group boosted their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Royal Bank Of Canada increased their target price on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 20th. JPMorgan Chase & Co. raised their price target on The Goldman Sachs Group from $750.00 to $775.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Finally, Bank of America lifted their price target on The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $916.86.

Key Stories Impacting The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman’s research team warned oil could surge above the 2008 peak if the Strait of Hormuz remains closed — a view being widely cited by markets. A sharp commodities move usually boosts trading and FICC revenue for large banks like Goldman, and underscores the firm’s influential market research. Oil hits highest level since 2023 as Iran war triggers historic surge
• Positive Sentiment: Goldman Sachs Alternatives led a $65M Series C in Sage (senior-care tech) — another visible private-equity/growth investment that supports fee income and demonstrates continued dealflow in Alternatives. That helps diversify revenue beyond trading and investment banking. Sage Raises $65M Series C Led By Goldman Sachs Alternatives
• Positive Sentiment: Goldman Alternatives completed/participated in other PE investments (Mace Consult, Schellman), signaling active private markets deployment and potential management fees/carry down the road. These deals support the firm’s strategic push into Alternatives. Mace Consult Launches as a Standalone Company
• Neutral Sentiment: Analysts’ consensus on GS remains around a “Hold” and the stock is drawing investor attention — no immediate downgrade wave but mixed sentiment persists. GS Given Average Recommendation of “Hold” by Brokerages
• Neutral Sentiment: Goldman strategists and research notes (eg. buy dips on Iran/AI themes) are shaping market positioning — useful for investor guidance but not an immediate earnings driver. Goldman Strategists Say Buy Any Stocks Dip From Iran and AI
• Negative Sentiment: High-profile warnings about private credit (Lloyd Blankfein) and comments from CEO David Solomon flag “frothiness” and hidden risks in private credit — a sector where Goldman has significant exposure via Alternatives and lending businesses. That concern can pressure the stock due to potential mark-to-market, diligence costs or increased capital requirements. Something on Wall Street ‘Smells Like’ 2008, Says Former Goldman Sachs Chief
• Negative Sentiment: Legal/reputational headline risk: reporting shows Goldman’s top lawyer is expected to testify in connection with DOJ document releases tied to Epstein — this creates headline uncertainty and could weigh on sentiment even if it does not produce direct financial exposure. Epstein files: DOJ plans to release new batch of documents

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.